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Shanghai Conant Optical CoHKSE:02276 -5.46%78 Days Payable is 42.79 as of Dec. 2025, which is 29% above its 10-year median of 33.21. GuruFocus rates HKSE:02276 with a GF Score™ of 78/100 and a GF Value™ of HK$15.68 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 794 Medical Devices & Instruments companies, Shanghai Conant Optical Co ranks worse than 69.65% on this metric.
The historical rank and industry rank for Shanghai Conant Optical Co's Days Payable or its related term are showing as below:
HKSE:02276'
s Days Payable Range Over the Past 10 Years
Min: 25.99 Med: 33.21 Max: 53.4
Current: 44.89
During the past 8 years, Shanghai Conant Optical Co's highest Days Payable was 53.40. The lowest was 25.99. And the median was 33.21.
HKSE:02276's Days Payable is ranked worse than 69.65% of 794
companies
in the Medical Devices & Instruments industry
Industry Median: 68.615
vs HKSE:02276: 44.89
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HKSE:02276 vs ISRG, BDX, MDLN: Days Payable Comparison
For the Medical Instruments & Supplies subindustry, Shanghai Conant Optical Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Shanghai Conant Optical Co Days Payable vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Shanghai Conant Optical Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Shanghai Conant Optical Co's Days Payable falls into.
Shanghai Conant Optical Co Days Payable Calculation
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Shanghai Conant Optical Co (HKSE:02276) has a Days Payable of 42.79 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Shanghai Conant Optical Co and its competitors. This is 29% above median its historical median of 33.21. Over the past decade, Shanghai Conant Optical Co's Days Payable has ranged from 25.99 to 53.40. According to the industry distribution chart, Shanghai Conant Optical Co ranks #553 out of 794 companies in the Medical Devices & Instruments industry, placing it in the top 69.6%.
Is Shanghai Conant Optical Co's Days Payable too high?
Shanghai Conant Optical Co's current Days Payable of 42.79 is 29% above median its 10-year median of 33.21. Over the past 10 years, this metric has ranged from a low of 25.99 to a high of 53.40. The Medical Devices & Instruments industry median Days Payable is 68.62. Shanghai Conant Optical Co's value of 42.79 is 37.6% below this industry median. Based on the distribution chart, Shanghai Conant Optical Co ranks #553 out of 794 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Shanghai Conant Optical Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Conant Optical Co's Days Payable compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Shanghai Conant Optical Co ranks #553 out of 794 companies for Days Payable. This places Shanghai Conant Optical Co in the lower half of its industry. The industry median Days Payable is 68.62. Shanghai Conant Optical Co's value of 42.79 is 37.6% below this benchmark. Historically, Shanghai Conant Optical Co's own Days Payable has ranged from 25.99 to 53.40 over the past decade. While the company's 10-year median is 33.21 vs. the industry median of 68.62, Shanghai Conant Optical Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Medical Devices & Instruments company?
The median Days Payable among Medical Devices & Instruments companies is 68.62, based on 794 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shanghai Conant Optical Co's current Days Payable of 42.79 is 37.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Shanghai Conant Optical Co and its competitors. For the Medical Devices & Instruments industry, the median Days Payable is 68.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Conant Optical Co's current Days Payable is 42.79, which is 29% above median its own 10-year median of 33.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Conant Optical Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Conant Optical Co (HKSE:02276) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$15.68, compared to a current price of HK$38.44 — trading 145.2% above its estimated fair value. The current Days Payable is 42.79, which is 29% above median its 10-year median of 33.21 and 37.6% below the Medical Devices & Instruments industry median of 68.62. Shanghai Conant Optical Co's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Shanghai Conant Optical Co (HKSE:02276), the current Days Payable is 42.79 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Shanghai Conant Optical Co (HKSE:02276) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Conant Optical Co stock appears to be overvalued.
The current stock price of HK$38.44 is trading 145.2% above its estimated GF Value™ of HK$15.68.
GuruFocus considers Shanghai Conant Optical Co to be Significantly Overvalued.
Key valuation signals for HKSE:02276:
Days Payable: 42.79 (29% above median its 10-year median of 33.21)
GF Value™: HK$15.68 vs. price of HK$38.44 (145.2% above fair value)
Industry Position: 37.6% below the Medical Devices & Instruments median (#553 of 794)
No single metric tells the full story. See the HKSE:02276 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressNo. 1-42, Lane 83, Hongxiang North Road, 4th Floor, Building 35, Lin-gang Special Area, China (Shanghai) Pilot Free Trade Zone China, Shanghai, CHN
Shanghai Conant Optical Co Ltd is a resin spectacle lens manufacturer in China. The company offers a wide range of resin spectacle lenses to its customers including standardized lenses and customized lenses. The spectacle lenses are also tinted, coated, or cast with various films or coatings for added functionality, such as polarised, photochromic, blue-ray blocking, anti-scratch, anti-reflection, and anti-smudge. Geographically, the company generates a majority of its revenue from Mainland China and the rest from the Americas, Europe, Oceania, Africa, and Asia (except for mainland China). It products include: CR-Freeform; CoMax; AC lens; Gaming Glassed, Antifog Lens; MyoEase; Polycarbonate lens; Photochromic coating lens; SingleVision Finished Lens; and Others.
78GF Score
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